Modeling of the relationship between corporate social responsibility and stock price with artificial neural network

Author(s):  
Duraya Sukthomya ◽  
Wimalin Laosiritaworn
2020 ◽  
Vol 7 (1) ◽  
pp. 1746732
Author(s):  
Mohammad Husam Odeh ◽  
Fadi Mohammed Alshannag ◽  
Bilal Eneizan ◽  
Abdelbaset M. Alkhawaldeh ◽  
Hebah Zaki Makhamreh ◽  
...  

2019 ◽  
Vol 11 (2) ◽  
pp. 448 ◽  
Author(s):  
Jingwen Dai ◽  
Chao Lu ◽  
Jipeng Qi

We take Chinese A-share listed companies in years 2010–2015 as a sample to examine the relationship between Corporate Social Responsibility (CSR) information disclosure and stock price crash risk using the fixed effect model. The results show that: (1) There is an inverted U-shaped nonlinear relationship between CSR information disclosure and stock price crash risk. That is, as the CSR information disclosure level increases, the CSR information disclosure first aggravates and then reduces the stock price crash risk; (2) under different disclosure motives, there is a significant difference in the impact of CSR information disclosure on stock price crash risk. There is still an inverted U-shaped relationship between mandatory CSR information disclosure and stock price crash risk, but not for the semi-mandatory and voluntary disclosure; (3) the academic independent director has a positive adjustment effect on the relationship between CSR information disclosure and stock price crash risk, while the institutional investor has a negative adjustment effect on the relationship between CSR information disclosure and stock price crash risk. The research is of great significance for promoting the fulfillment of CSR, improving corporate governance and stabilizing the capital market.


Author(s):  
Anak Agung Dewi Hendrayani ◽  
Ni Luh Putu Wiagustini ◽  
Ida Bagus Panji Sedana

The porpuse of this study is to determine the relationship between Corporate Social Responsibility and leverage on stock price. The relationship between Corporate Social Responsibility and leverage on stock price were analyzed using profitability as a moderating. This study was used data from manufacturing companies. Corporate Social Responsibility was counted using Global Reporting Invitiate (GRI) data. Leverage was calculated ratio the value of the debt to equity ratio (DER). Profitability ratio counted was Return on Equity (ROE). The stock price data was used the stock price determined by the closing price. Data analysis was conducted using the method of analysis Moderated Regression Analysis (MRA). The data were analysis using computer software Statistical Package for Social Science. The results showed that Corporate Social Responsibility and Leverage was not a significant effect on stock price. Profitability was significantly influenced stock price. Profitability was significantly able to moderate the relationship between Corporate Social Responsibility and leverage with stock price.


2021 ◽  
Vol 39 (12) ◽  
Author(s):  
Muhammad Bilal ◽  
Sarfraz Hussain ◽  
Muhammad Rafiq ◽  
Nissar Ahmad ◽  
Abdul Quddus ◽  
...  

The relationship between corporate social responsibility and vulnerability to stock market crashes and how this relationship is moderated by the norm of corporate governance was empirically explored in this research article. This study used a panel data analysis using a group of 58 companies selected during the years 2009-2018 from operating in various industries hawking their stock on the Pakistan Stock Exchange (PSX) to investigate this interaction effect. To quantify the company's share price probability of a crash, an inverse restrictive skewness (NCSKEW) of returns and bottom-to-up variance (DUVOL) spread has been used as a proxy. The results of this research suggest that the risk of a share price slump is adversely and significantly linked to CSR. Consistency structures of governance mechanisms (size of the board, percentage of autonomous directors on board, concentration of ownership, percentage of executive directors onboard) have a substantial moderating impact on the risk of a fall of the share price.


2012 ◽  
Vol 16 (3) ◽  
pp. 332
Author(s):  
Whedy Prasetyo

Development of financial performance in the application of Good Corporate Governance and Corporate Social Responsibility which affects the values of honesty private individuals, in order to be able to run the accountability, value for money, fairness in financial management, transparency, control, and free of conflicts of interest (independence). The main concern in this study is focused on achieving value personal spirituality through the financial performance and capabilities of Good Corporate Governance (GCG) and Corporate Social Responsibility (CSR) in moderating the relationship with the financial performance of value personal spirituality. This study is a descriptive verifikatif. The unit of analysis in this study was 15 companies in Indonesia with a policy that has been applied through the concept since January of 2008 until now, with the support of the annual report of the company, the company's financial statements, company reports to the disclosure of Good Corporate Governance and Corporate Social Responsibility in the annual report. Overall reports published successively during the years 2008-2011. The results of this study indicate financial performance affects the value of personal spirituality, and for variable GCG obtained results that could moderate the relationship of financial performance to the value of personal spirituality. But for the disclosure of CSR variables obtained results can’t moderate the relationship with the financial performance of personal spirituality.


Sign in / Sign up

Export Citation Format

Share Document